ITM Trading Review: Comprehensive Insight into its Reliability and Services
Seeking the truth about ITM Trading’s reliability and customer satisfaction? This itm trading review offers you a straightforward evaluation of their services, customer testimonials, and how they measure up against the competition. Gain clear insights into their business practices, the quality of their gold and silver offerings, and whether their educational resources and investment strategies are sound. Make your investment choice with confidence, backed by our unbiased examination.
Key Takeaways
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ITM Trading is a family-owned precious metal dealer known for its transparency, honesty, and commitment to customer education, offering a range of investment products including rare coins, gold, and silver.
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The company provides a wealth of educational resources, including informational webinars with Chief Market Analyst Lynette Zang, and emphasizes long-term wealth preservation and diversification through strategic precious metal investments.
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ITM Trading’s reputation for quality and reliability is evidenced by its A+ BBB rating, zero customer complaints in three years, and comprehensive services like IRA-approved metals, Wealth Shield Strategy, and advisory services for retirement account integration.
ITM Trading Overview
ITM Trading, based in Phoenix, Arizona, is a family-owned precious metal dealer that was founded by Craig Griffin in 1995. The company was established with a clear vision—to offer a transparent and honest platform for trading rare coins, gold, and silver. Over the years, this vision has turned into a reality, with ITM Trading becoming a trusted name in the industry, admired for its commitment to transparency and honesty.
Backed by a team of around fifty dedicated employees, Client education is a priority for ITM Trading. They strive to empower their clients with knowledge, thus helping them make informed decisions about precious metal investments. The company’s mission is centered around:
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promoting generational wealth through strategic investments in precious metals
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conducting transactions
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building relationships
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fostering trust
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providing a platform for sustainable wealth creation
With ITM Trading, it’s not just about conducting transactions—it’s about building relationships, fostering trust, and providing a platform for sustainable wealth creation.
ITM Trading Management and Team
The dedicated management team is the linchpin of ITM Trading’s success and reputation. Eric Griffin, the President and CEO, has led the company with the same vision of transparency and honesty that his father, Craig Griffin, started the company with. In the company background itm trading, it is open about its sales structure, disclosing that representatives are commissioned salespersons, reflecting its commitment to transparency.
The company’s distinct customer service experience reflects its commitment to nurturing long-term relationships with clients. As a family-run business, they understand the value of trust and relationship building, and this ethos is woven into the fabric of their operations. The management team comprises departments specializing in operations, client services, and market analysis, and they all share a culture of community involvement and social responsibility.
Products and Services Offered by ITM Trading
The company offers a variety of precious metal products. From gold and silver bullion products to pre-1933 rare gold coins and various bars, they cater to various investment needs and strategies. What sets these offerings apart? Let’s explore some of these products and their significance in the investment scenario.
Pre-1933 Gold Coins
Pre-1933 gold coins hold a special place in the world of precious metal investments. Their rarity, intrinsic gold content, and condition contribute to their uniqueness as an investment. For investors seeking a unique investment opportunity, these coins offer a blend of historical significance and tangible value.
ITM Trading’s experienced management team adopts a ‘sight seen’ acquisition policy, ensuring that each rare coin, such as Pre-1933 gold coins, is thoroughly assessed for eye appeal before being offered to investors. While ITM Trading provides a careful selection and examination of these coins, some customers have noted that these coins can sometimes be found at lower prices elsewhere online, especially when evaluated by a professional coin grading service.
Nevertheless, the rarity and intrinsic value of these numismatic coins make them a fascinating addition to any investment portfolio.
Bullion Products
Traditionally, gold is revered as a hedge against inflation and a safe harbor for wealth preservation. Its historical significance and stability have made it a preferred choice for investors seeking to:
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Safeguard their wealth over the long term
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Protect against economic uncertainties
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Diversify their investment portfolio
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Preserve purchasing power
ITM Trading offers a variety of gold bullion and silver bullion products, catering to different budgets and investment strategies. Gold offers multiple benefits, including its consistent rise in long-term value and its versatility in terms of form or function. On the other hand, silver offers an affordable option for those seeking the benefits of precious metal investment without breaking the bank.
IRA Approved Metals
Diversifying your retirement portfolio is a smart move, and one way to achieve this is by investing in precious metals investment, including IRA approved gold products. These assets offer a simple way to own precious metals and provide protection for your investments. ITM Trading offers a variety of IRA-approved precious metals, such as the 10 oz Morgan Silver Bar and the 100 oz Asahi Silver Bar, among others.
Investment diversification is a key strategy for protecting your retirement savings. By including IRA-approved precious metals in your IRA or Roth IRA, you can spread your investment risk and potentially enhance the returns on your retirement savings. ITM Trading facilitates this process by offering a diverse range of IRA-approved bars and coins.
ITM Trading’s Educational Resources
Beyond its extensive product and service offerings, ITM Trading provides an abundance of educational resources. Through videos, webinars, and blog posts, they aim to educate their clients on the intricacies of the precious metals market and the role of gold in wealth preservation. Their ‘Gold 101’ section, for example, introduces the utility of gold across eras and emphasizes its importance as a form of wealth protection during uncertain times.
The company offers the following educational resources:
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Informational webinars featuring their Chief Market Analyst Lynette Zang, covering a wide range of financial topics
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Past webinar recordings accessible through the Managed Market Update Archive
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Insights from their team of strategists and analysts on their blog
These resources provide a rich source of information for anyone wishing to deepen their understanding of financial markets, investment strategies, and the financial and investment industries.
Customer Reviews and Testimonials
Nothing speaks louder than the voice of the customer. ITM Trading has received an impressive customer satisfaction rating of 4.9 out of 5, reflecting the trust and positive reputation it enjoys among its clients. Customers commend the company for its exceptional customer service and the professional help provided by experienced consultants, which is particularly beneficial for new investors. In fact, itm trading reviews often highlight these very aspects of the company.
The company’s commitment to transparency and honesty is evident in the testimonials received. Customers highlight the following:
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Transparency and integrity in transactions, supported by the company’s policy of recording calls
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Timely delivery of products
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Straightforward purchase process
These positive feedbacks further reinforce the company’s reputation for providing a seamless customer experience.
Precious Metal IRAs with ITM Trading
ITM Trading collaborates with GoldStar Trust Company to offer precious metal IRAs, providing investors a unique opportunity to diversify their retirement savings. With secure storage options and a clear indication of IRA-eligible products, ITM Trading makes it easy for customers to invest in these special types of retirement accounts. But what does this entail? Let’s delve deeper.
GoldStar Trust Info
GoldStar Trust Company specializes in:
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Setting up and managing precious metals IRA accounts
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Having more than 20 years of experience
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Managing over 31,000 IRA accounts totaling approximately $1.6 billion
GoldStar Trust is a trusted name in the industry.
GoldStar Trust offers its services for competitive fees, which can be obtained from their Investor Service Department. They also provide a variety of additional services, including issuing tax forms to IRA account holders and providing biweekly updates on the estimated bid values of precious metals in a GoldStar Trust IRA.
Rollover Process
A precious metals IRA rollover, including Roth IRA accounts, can be a smart way to diversify your retirement savings. It involves converting existing retirement investments and savings into physical gold coins and bullion within an IRA. With ITM Trading and GoldStar Trust, the process can be quite straightforward.
To initiate a rollover, the necessary documents are the Simplifier, the Transfer or Rollover form, and the Investment Direction form. These documents facilitate the process, ensuring a smooth transition of your retirement savings into a precious metals IRA.
ITM Trading’s Wealth Shield Strategy
Beyond its wide range of products and services, ITM Trading also presents its proprietary Wealth Shield Strategy. This strategy aims to safeguard individuals’ investments against economic hardships, emphasizing the importance of informed investment decisions and a focus on tangible assets like gold.
The Wealth Shield Strategy prioritizes investment in physical gold, rejecting intangible gold investments such as stocks, ETFs, and derivatives. It advocates for the creation of dynastic wealth by investing in long-lasting tangible assets, including gold, to preserve and enhance wealth through multiple generations. With the guidance of Chief Market Analyst Lynette Zang and detailed strategy plans, ITM Trading provides exceptional guidance for clients to meet their financial goals.
ITM Trading’s Transparency and Reputation
Transparency and investor education are cornerstones of ITM Trading’s operations. The company’s detailed Purchase Policies and Procedures are publicly available, demonstrating their commitment to transparency. This commitment is further reflected in their A+ rating from the Better Business Bureau (BBB), an accreditation they’ve held since 2015. Over the past three years, ITM Trading has had zero customer complaints filed with the BBB, a testament to their exceptional service.
Customer reviews on the BBB site for ITM Trading reflect positive experiences, resulting in an average customer rating of 4.91 out of 5 stars. Customers have described ITM Trading as providing quality service, being honest and trustworthy, with no hidden costs. This feedback, along with the company’s overall standing in the community, reinforces ITM Trading’s reputation as a reliable and trustworthy precious metals dealer.
Common Scams and How to Avoid Them
While the precious metals market offers many opportunities, it’s not immune to scams. Scammers may exploit news events to promise guaranteed profits or pose as reputable dealers using special credentials to appear credible. High-pressure sales tactics, vague financing agreements, and offers to store metals on the investor’s behalf without actual purchase or storage taking place are all potential warning signs of scams. To avoid such issues, consider using a trusted service like the Texas precious metals depository for secure storage and transactions.
To safeguard against scams, ensure to:
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Verify the dealer’s registration status, business background, and disciplinary history with regulatory bodies like the Commodity Futures Trading Commission or National Futures Association.
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Inquire about the qualifications of financial professionals and the nature of their compensation.
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If you ever find yourself a victim of precious metal fraud, report the incident to authorities such as the DISB Enforcement and Consumer Protection Division or the CFTC.
Comparing ITM Trading to Competitors
In the realm of precious metals trading, ITM Trading distinguishes itself with its all-encompassing services for IRA investors. The company’s offerings include:
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Precious metals IRA accounts
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IRA rollovers and transfers
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Storage and delivery options
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Investment advice and guidance
These services align with those of other specialized retirement account integration precious metals dealers, including international depository services, making ITM Trading a competitive player in the industry.
While many companies offer similar services, ITM Trading sets itself apart with its strong emphasis on transparency, customer service, and education. Their unique offerings, such as Pre-1933 gold coins and their Wealth Shield Strategy, further differentiate them from their competitors.
When it comes to precious metals trading and investing, ITM Trading is a strong choice with a proven track record of customer satisfaction.
Summary
Navigating the world of precious metals trading can be complex, but with reputable and transparent companies like ITM Trading, it becomes less daunting. From its comprehensive range of products and services to its strong commitment to customer education and transparency, ITM Trading offers a unique and reliable platform for trading rare coins, gold, and silver.
Whether you’re a seasoned investor or a newcomer to the world of precious metals, ITM Trading can be a trusted partner on your investment journey. With their wealth of resources, comprehensive services, and dedicated team, they’re well-equipped to help you navigate the market and make informed investment decisions.
Frequently Asked Questions
What is the meaning of ITM?
ITM stands for “In the Money” and refers to options with intrinsic value, meaning the option’s strike price is favorable compared to the current market price of the underlying asset.
Who owns itm trading?
Eric Griffin is the current president and CEO of ITM Trading, a company founded by his father to provide a transparent and honest platform for buying and selling rare coins, gold, and silver.
What types of products does ITM Trading offer?
ITM Trading offers a diverse range of gold and silver bullion products, including pre-1933 rare gold coins and various bars, as well as IRA-approved precious metals. Consider exploring their offerings if you are interested in investing in precious metals.
What educational resources does ITM Trading provide?
ITM Trading provides various educational resources such as videos, webinars, and blog posts to assist clients in comprehending the precious metals market. These resources can offer valuable insights and knowledge.
What is ITM Trading’s Wealth Shield Strategy?
ITM Trading’s Wealth Shield Strategy prioritizes investment in physical gold and advocates for creating dynastic wealth by investing in long-lasting tangible assets to preserve and enhance wealth through multiple generations. It seeks to strengthen and protect wealth over time.
